How your business operates and where you put your resources is something that is absolutely vital to understand in order to keep your business on track, operating efficiently, and allow for better more accurate movement when opportunities come. Your business model selection needs to work for your company and your customers.

In this article we are going to have a look at the top business model types, the criteria for selecting a business model, how hybrid models and new-age monetisation strategies are becoming popular choices, and what you need to do to adjust your model for scalability and modernisation.